44-46 Village Way Under Contract Save Request In-Person Tour Request Virtual Tour
Burrillville,RI 02826
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $210
MLS Listing ID 24087185
Style Units on different Floors
Bedrooms 7
Full Baths 4
Year Built 1940
Annual Tax Amount $4,831
Lot Size 1.310 Acres
Property Sub-Type 4 Family
Property Description
Cash-Flowing 4-Unit Multifamily with Expansion Potential Investor's dream in the heart of Burrillville! This well-maintained four-unit multifamily property offers strong existing cash flow with long-term tenants in place, making it a turn-key addition to any portfolio. The 2nd floor has a 3 bed town house that has been completely renovated as well as a separate 2 bed apartment. The first floor has a 2 bedroom apartment that has been completely renovated and a 2 bedroom apartment that has been updated with in unit laundry, All with separate utilities, all electric, central fire alarm, separate utilities, vinyl siding, architectural shingles, city sewer and stable rental income with cash flow of 7600 for 4 units. But the real value lies in the potential: Ability to finish the basement for a 5th unit-perfect for increasing NOI and property value. Includes a potentially buildable lot, opening doors for future condo development or resale. Plenty of off-street parking and a spacious yard add tenant appeal and development flexibility. Whether you're looking to house hack, expand your investment portfolio, or build out additional units, this property offers multiple value-add opportunities in a strong rental market. Don't miss out-opportunities like this are rare in Burrillville. Reach out today for financials or a private tour!
Location
State RI
County Providence
Zoning R40
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Gable
Building
Foundation Concrete
Sewer Public Sewer Connected
Water Private Well
Schools
Elementary Schools Auston T Levy Primary
High Schools Burrillville